🔥 BTC Trend Today
📌 Overall Trend: Neutral to Slightly Bullish
BTC is showing signs of consolidation with a bias toward bullish continuation — but watch for potential pullbacks. Technical setups are mixed, so today could see sharp swings.
🔹 Key Levels to Watch
Resistance: Around $116,000–$118,000 zone — if price breaks above this with volume, bulls may gain control.
Support: Near $109,000–$110,000 — this is a critical buffer zone. If BTC drops below, we could see deeper correction.
Moving Averages: On the 4-hour frame, BTC’s 50 MA is rising; 200 MA is trending upward too, suggesting medium-term strength.
Short-term strength: Indicators like RSI are in neutral territories — not extremely overbought or oversold — which means momentum could shift either way.
🎯 What to Expect / Strategy Notes
If BTC pushes above resistance with strong volume, expect a rally toward new highs.
If BTC fails to hold support, short-term correction or range-bound movement is possible.
Use tight stop-losses and stay nimble — volatile price swings are probable in such setups.
Watch for catalysts: big inflows, macro news, regulatory announcements — these could trigger abrupt moves.
